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IPO

IPO Synopsis
Laxmi Goldorna House Ltd
Registered Office: Laxmi House M G Haveli Road,OppBandharanoKhacho ManekChowk , Ahmedabad - 380001 , Gujarat , India.
Phone : 91-79-2214 9482   Fax:91-79-9898 033044
Email :  info@laxmilifestyle.co.in  
Website :  www.laxmilifestyle.co.in
Initial Public Issue of 55,20,000 equity shares of face value of Rs. 10 each ("equity shares") of Laxmi Goldorna House Limited ("the company" or "issuer") for cash at a price of Rs. 15 per equity share (including a share premium of Rs. 5 per equity share) ("issue price") aggregating to Rs. 8.28 Crores ("issue") of which 2,88,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 15 per equity share, aggregating to Rs. 0.43 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 52,32,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 15 per equity share aggregating to Rs. 7.85 Crores (is hereinafter referred to as the ônet issueö). The issue and the net issue will constitute 26.45% and 25.07%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 15. The issue price is 1.5 times of the face value. Minimum Application Size of 8000 equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Mar-20 03-Apr-20 Rs15.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :8000  Further Multiples of :8000

  Rs Cr Lead Managers to the Issue
Project Cost 8.28
Beeline Broking Ltd
Project Financed through Current Offer 8.28  
Post Issue Equity Share Capital 20.87  
Issue Price Rs15.00  
 
Projects
To Meet Working Capital RequirementGeneral Corporate Expenses
Promoted By
Jayesh Chinubhai Shah
Rupalben Jayeshkumar Shah
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd